Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Nuclear Grade Zirconium Market by Type (Hafnium-free Zirconium, Commercial-grade Zirconium), By Application (Nuclear Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Nuclear Grade Zirconium Market by Type (Hafnium-free Zirconium, Commercial-grade Zirconium), By Application (Nuclear Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144940 3300 Chemical & Material 377 249 Pages 4.9 (34)

Market Overview:

The global nuclear grade zirconium market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for nuclear grade zirconium in the nuclear industry and other applications. In terms of type, Hafnium-free Zirconium is expected to hold a major share of the global market during the forecast period. By application, Nuclear Industry is expected to hold a major share of the global market during the forecast period. Regionally, North America is projected to lead the global nuclear grade zirconium market in terms of revenue by 2030 owing to high demand from countries such as U.S.

Global Nuclear Grade Zirconium Industry Outlook

Product Definition:

Nuclear Grade Zirconium is a material that is specifically designed for use in nuclear reactors. It has a very low reactivity with water and other materials, making it ideal for use in these applications.

Hafnium-free Zirconium:

Hafnium-free zirconium is a chemical compound of zirconium and hafnium. It has no significant commercial use as it contains more than 0.05% of hafnium by weight, which is considered to be the maximum permissible level according to IAEA Safety Series 300 (SS300) and NTP (National Technology Policy) issued by India.

Commercial-grade Zirconium:

Commercial-grade zirconium is a form of zirconium that has been processed to remove most of its minerals and other impurities. Commercial-grade usually contains around 99% ZrO2 along with some impurities such as calcium, sodium, aluminum and titanium. It also contains traces of other elements such as iron, magnesium, silicon and potassium.

Application Insights:

The other application segment includes the automotive, construction, energy and power generation industries. The nuclear grade zirconium market is expected to witness growth owing to its increasing use in fuel cladding of reactors across the globe. Fuel cladding is a major component of a reactor and it provides protection against high-speed debris that may result from an accident at the core stage of a reactor.

ZrO2¢â‚¬â€œbasedfuel has excellent properties such as high corrosion resistance and strength which makes it ideal for use in various components including pressure vessels, steam generators & turbines, radiation shielding & containment vessel doors among others. These factors are anticipated to drive demand over the forecast period thereby contributing towards overall industry growth during this period.

Regional Analysis:

Asia Pacific dominated the global nuclear grade zirconium market in terms of revenue with a share of over 70% in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing demand from nuclear reactors and other applications. China, India, and Australia are some of the major consumers for this product in Asia Pacific.

North America was one of the largest markets for this product owing to high consumption levels from nuclear reactors across countries such as Canada and U.S., which consume large amounts due to their extensive usage of electricity generation through fossil fuels such as coal & gasoil instead of clean energy sources resulting into greenhouse effect thus leading towards an increase in carbon emission which is anticipated to hinder growth over next eight years until 2030 when it is expected that North America will be back on track growing at a CAGR close behind Asia Pacific during the forecast period.

Growth Factors:

  • Increasing demand for nuclear energy due to rising concerns over climate change and depleting fossil fuel resources is expected to drive the growth of the global nuclear grade zirconium market.
  • Growing investments in nuclear power plants across the globe is also anticipated to boost the demand for nuclear grade zirconium in the coming years.
  • Rising awareness about benefits of using zirconium alloy as a cladding material in nuclear reactors is projected to propel its demand over the forecast period.
  • Technological advancements in manufacturing processes of zirconium alloys are likely to create new opportunities for market players operating in this space.

Scope Of The Report

Report Attributes

Report Details

Report Title

Nuclear Grade Zirconium Market Research Report

By Type

Hafnium-free Zirconium, Commercial-grade Zirconium

By Application

Nuclear Industry, Other

By Companies

Orano, Westinghouse, ATI, Chepetsky Mechanical Plant, Nuclear Fuel Complex, SNWZH, CNNC Jinghuan, Guangdong Orient Zirconic, Aohan China Titanium Industry, Baoti Huashen

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Nuclear Grade Zirconium Market Report Segments:

The global Nuclear Grade Zirconium market is segmented on the basis of:


Hafnium-free Zirconium, Commercial-grade Zirconium

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Nuclear Industry, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Orano
  2. Westinghouse
  3. ATI
  4. Chepetsky Mechanical Plant
  5. Nuclear Fuel Complex
  6. SNWZH
  7. CNNC Jinghuan
  8. Guangdong Orient Zirconic
  9. Aohan China Titanium Industry
  10. Baoti Huashen

Global Nuclear Grade Zirconium Market Overview

Highlights of The Nuclear Grade Zirconium Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hafnium-free Zirconium
    2. Commercial-grade Zirconium
  1. By Application:

    1. Nuclear Industry
    2. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Nuclear Grade Zirconium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Nuclear Grade Zirconium Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Nuclear grade zirconium is a type of zirconium that has been through the nuclear processing process. This means that it has been purified and has no contaminants. It is also higher quality than other types of zirconium.

Some of the major companies in the nuclear grade zirconium market are Orano, Westinghouse, ATI, Chepetsky Mechanical Plant, Nuclear Fuel Complex, SNWZH, CNNC Jinghuan, Guangdong Orient Zirconic, Aohan China Titanium Industry, Baoti Huashen.

The nuclear grade zirconium market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Nuclear Grade Zirconium Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Nuclear Grade Zirconium Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Nuclear Grade Zirconium Market - Supply Chain
   4.5. Global Nuclear Grade Zirconium Market Forecast
      4.5.1. Nuclear Grade Zirconium Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Nuclear Grade Zirconium Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Nuclear Grade Zirconium Market Absolute $ Opportunity

5. Global Nuclear Grade Zirconium Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      5.3.1. Hafnium-free Zirconium
      5.3.2. Commercial-grade Zirconium
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Nuclear Grade Zirconium Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      6.3.1. Nuclear Industry
      6.3.2. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Nuclear Grade Zirconium Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Nuclear Grade Zirconium Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Nuclear Grade Zirconium Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Nuclear Grade Zirconium Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Nuclear Grade Zirconium Demand Share Forecast, 2019-2026

9. North America Nuclear Grade Zirconium Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Nuclear Grade Zirconium Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      9.4.1. Nuclear Industry
      9.4.2. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      9.7.1. Hafnium-free Zirconium
      9.7.2. Commercial-grade Zirconium
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Nuclear Grade Zirconium Demand Share Forecast, 2019-2026

10. Latin America Nuclear Grade Zirconium Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Nuclear Grade Zirconium Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      10.4.1. Nuclear Industry
      10.4.2. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      10.7.1. Hafnium-free Zirconium
      10.7.2. Commercial-grade Zirconium
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Nuclear Grade Zirconium Demand Share Forecast, 2019-2026

11. Europe Nuclear Grade Zirconium Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Nuclear Grade Zirconium Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      11.4.1. Nuclear Industry
      11.4.2. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      11.7.1. Hafnium-free Zirconium
      11.7.2. Commercial-grade Zirconium
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. arket Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Nuclear Grade Zirconium Demand Share, 2019-2026

12. Asia Pacific Nuclear Grade Zirconium Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Nuclear Grade Zirconium Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      12.4.1. Nuclear Industry
      12.4.2. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      12.7.1. Hafnium-free Zirconium
      12.7.2. Commercial-grade Zirconium
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Nuclear Grade Zirconium Demand Share, 2019-2026

13. Middle East & Africa Nuclear Grade Zirconium Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Nuclear Grade Zirconium Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Nuclear Grade Zirconium Market Size and Volume Forecast by Application
      13.4.1. Nuclear Industry
      13.4.2. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Nuclear Grade Zirconium Market Size and Volume Forecast by Type
      13.7.1. Hafnium-free Zirconium
      13.7.2. Commercial-grade Zirconium
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Nuclear Grade Zirconium Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Nuclear Grade Zirconium Market: Market Share Analysis
   14.2. Nuclear Grade Zirconium Distributors and Customers
   14.3. Nuclear Grade Zirconium Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Orano Overview Financials Developments Strategic Outlook
      14.4.2. Westinghouse Overview Financials Developments Strategic Outlook
      14.4.3. ATI Overview Financials Developments Strategic Outlook
      14.4.4. Chepetsky Mechanical Plant Overview Financials Developments Strategic Outlook
      14.4.5. Nuclear Fuel Complex Overview Financials Developments Strategic Outlook
      14.4.6. SNWZH Overview Financials Developments Strategic Outlook
      14.4.7. CNNC Jinghuan Overview Financials Developments Strategic Outlook
      14.4.8. Guangdong Orient Zirconic Overview Financials Developments Strategic Outlook
      14.4.9. Aohan China Titanium Industry Overview Financials Developments Strategic Outlook
      14.4.10. Baoti Huashen Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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